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Pacific Renewable Energy Program Annual Report (April to December 2019)

Reports and Publications
This is the first report of the Program that was jointly developed by PSOD and PAEN under One ADB since it was approved in April 2019. The Pacific Renewable Energy Program (Program) provides an umbrella facility of up to $100,000,000 of financing support, including loans, guarantees, and letters of…

Simpa Networks Off-Grid Prepaid Solar Leasing Project

Projects
ADB supports Simpa Networks with a USD 2M equity investment and USD 6M loan (Clean Technology Fund) that expands the company’s off-grid, pay-as-you-go (PayGo) solar energy services to more underserved households in rural India. Simpa provides SHS products made affordable with a leasing model and a…

The Malalison Island Solar Photovoltaic Hybrid Pilot Project: The technology

Videos

The Malalison Island Solar Photovoltaic Hybrid Pilot Project is a private sector joint venture with Antique Electric Cooperative, the electric distribution franchise holder, and One Renewable Energy Enterprise, Inc.

Empowering the People: Cobrador Island Solar Hybrid Project

Videos


 
Affordable, reliable, sustainable, and modern energy for all that meets environmental goals is central to global development and policy making. Access to electricity continues to improve in Asia and the Pacific, yet many rural areas lag behind due to challenges in the economic and…

IEA projects RE new capacity to grow by 30% in 2023

Press Releases
Propelled by the global energy crisis and concerns over energy security, economies around the world look to deploy renewable energy at an unprecedented rate led by solar photovoltaics and onshore wind. The International Energy Agency in its Renewable Energy Market Update, has even called this rise…

MOU signed for first coal power plant to be retired in Indonesia under ETM

Press Releases
On 14 November 2022, ADB joined strategic partners in the signing of a memorandum of agreement (MOU) under the Energy Transition Mechanism (ETM) exploring the early decommissioning of the first coal-fired plant owned by Cirebon Electric Power (CEP), an independent power producer in…